"Turkish Stocks, Bonds, Lira Fall on Concern Over Schroeder Loss
May 23 (Bloomberg) -- Turkish stocks, government bonds and currency fell on concern the country's bid to join the European Union may be hampered after one of its strongest backers, German Chancellor Gerhard Schroeder, suffered an election defeat.
``This news is going to put pressure on the Turkish markets,'' said Matthew Vogel, head of emerging markets strategy for Europe, the Middle East and Africa at Barclays Capital in London. Germany's main opposition party is ``very cynical about Turkey joining the EU and Schroeder was a strong supporter, so it's a big loss.'' "
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